Wireless EV Charging Market Size, Share, Trends, Growth Outlook

Wireless EV Charging Market is estimated to increase at a growth rate of 31.6% CAGR over the forecast period from 2024 to 2030.

The global Wireless EV Charging Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Type (Commercial Charging Stations, Home Charging Stations), By Power Supply Range (3 to 11 kW, 11 to 50 kW, Above 50 kW), By Charging (Dynamic Wireless Charging System, Stationary Wireless Charging System), By Component (Base Charging Pad, Power Control Unit, Vehicle Charging Pad), By Propulsion (Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV)).

An Introduction to Global Wireless EV Charging Market, 2024

In 2024, the Wireless EV Charging Market continues to grow steadily, driven by the increasing demand for electric vehicles (EVs), advancements in wireless charging technologies, and the growing investment in sustainable transportation infrastructure. Wireless EV charging systems utilize inductive or resonant charging technologies to transfer electrical energy from charging pads installed in parking spaces to EVs equipped with compatible receiving coils, eliminating the need for cumbersome charging cables and enhancing user convenience. The market is witnessing a shift towards the deployment of wireless charging solutions in residential, commercial, and public charging facilities to accelerate EV adoption, address charging infrastructure limitations, and promote sustainable mobility solutions. Moreover, the integration of smart charging features, interoperability standards, and bidirectional power flow capabilities is enabling efficient energy management, grid integration, and vehicle-to-grid (V2G) functionalities, driving innovation and competitiveness in the wireless EV charging market.

Wireless EV Charging Competitive Landscape

The global Wireless EV Charging market is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Wireless EV Charging Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Wireless EV Charging Market Industry include- Bombardier Inc, Continental AG, Evatran Group Inc, Hella KGaA Hueck & Co., Qualcomm Inc, Robert Bosch GmbH, Toshiba Corp, Toyota Motor Corp, Witricity Corp, ZTE Corp.

Wireless EV Charging Market Trend: Growth of Inductive Charging Solutions for Electric Vehicles

The Wireless EV Charging Market is experiencing a prominent trend with the growth of inductive charging solutions for electric vehicles (EVs). Inductive charging technology eliminates the need for physical plugs and cables by transferring power wirelessly through an electromagnetic field between a charging pad on the ground and a receiver installed in the vehicle. This trend is driven by the increasing demand for convenient and efficient charging solutions for EVs, as well as the desire to reduce reliance on traditional plug-in charging infrastructure. As the automotive industry continues to embrace electrification, the adoption of inductive wireless charging technology is expected to increase, driving market growth in the Wireless EV Charging Market.

Wireless EV Charging Market Driver: Government Initiatives and Incentives to Promote Electric Vehicle Adoption

A significant driver propelling the Wireless EV Charging Market is the support from government initiatives and incentives aimed at promoting electric vehicle adoption. Governments around the world are implementing policies such as financial incentives, tax credits, and subsidies to encourage consumers and businesses to switch to electric vehicles as part of efforts to reduce greenhouse gas emissions and combat climate change. Additionally, regulatory mandates for zero-emission vehicles and the expansion of charging infrastructure contribute to the growth of the EV market. Wireless EV charging technology offers benefits such as convenience, flexibility, and reduced infrastructure costs, making it an attractive option for both EV owners and charging infrastructure providers. As governments continue to prioritize the transition to electric mobility, the demand for wireless EV charging solutions is expected to rise, driving market expansion.

Wireless EV Charging Market Opportunity: Integration of Wireless EV Charging into Smart City Infrastructure

An emerging opportunity in the Wireless EV Charging Market lies in the integration of wireless EV charging technology into smart city infrastructure. As cities around the world pursue sustainability goals and strive to improve urban mobility, there is growing interest in deploying smart charging solutions for electric vehicles. Wireless EV charging technology can be integrated into existing infrastructure such as roads, parking spaces, and public transportation hubs to enable seamless charging experiences for EV owners. Moreover, by leveraging IoT (Internet of Things) and connectivity technologies, wireless EV charging systems can communicate with smart grids and energy management systems to optimize charging schedules, balance grid load, and reduce energy costs. By embracing the integration of wireless EV charging into smart city initiatives, stakeholders can create sustainable and efficient transportation ecosystems while unlocking new opportunities for innovation and market growth in the Wireless EV Charging Market.

Wireless EV Charging Market Segmentation

By Type
Commercial Charging Stations
Home Charging Stations
By Power Supply Range
3 to 11 kW
11 to 50 kW
Above 50 kW
By Charging
Dynamic Wireless Charging System
Stationary Wireless Charging System
By Component
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
By Propulsion
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)Geographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa

Wireless EV Charging Companies

Bombardier Inc
Continental AG
Evatran Group Inc
Hella KGaA Hueck & Co.
Qualcomm Inc
Robert Bosch GmbH
Toshiba Corp
Toyota Motor Corp
Witricity Corp
ZTE Corp
*- List not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Wireless EV Charging Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Wireless EV Charging Market Size Outlook, $ Million, 2021 to 2030
3.2 Wireless EV Charging Market Outlook by Type, $ Million, 2021 to 2030
3.3 Wireless EV Charging Market Outlook by Product, $ Million, 2021 to 2030
3.4 Wireless EV Charging Market Outlook by Application, $ Million, 2021 to 2030
3.5 Wireless EV Charging Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Wireless EV Charging Industry
4.2 Key Market Trends in Wireless EV Charging Industry
4.3 Potential Opportunities in Wireless EV Charging Industry
4.4 Key Challenges in Wireless EV Charging Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Wireless EV Charging Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Wireless EV Charging Market Outlook by Segments
7.1 Wireless EV Charging Market Outlook by Segments, $ Million, 2021- 2030
By Type
Commercial Charging Stations
Home Charging Stations
By Power Supply Range
3 to 11 kW
11 to 50 kW
Above 50 kW
By Charging
Dynamic Wireless Charging System
Stationary Wireless Charging System
By Component
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
By Propulsion
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)

8 North America Wireless EV Charging Market Analysis and Outlook To 2030
8.1 Introduction to North America Wireless EV Charging Markets in 2024
8.2 North America Wireless EV Charging Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Wireless EV Charging Market size Outlook by Segments, 2021-2030
By Type
Commercial Charging Stations
Home Charging Stations
By Power Supply Range
3 to 11 kW
11 to 50 kW
Above 50 kW
By Charging
Dynamic Wireless Charging System
Stationary Wireless Charging System
By Component
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
By Propulsion
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)

9 Europe Wireless EV Charging Market Analysis and Outlook To 2030
9.1 Introduction to Europe Wireless EV Charging Markets in 2024
9.2 Europe Wireless EV Charging Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Wireless EV Charging Market Size Outlook by Segments, 2021-2030
By Type
Commercial Charging Stations
Home Charging Stations
By Power Supply Range
3 to 11 kW
11 to 50 kW
Above 50 kW
By Charging
Dynamic Wireless Charging System
Stationary Wireless Charging System
By Component
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
By Propulsion
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)

10 Asia Pacific Wireless EV Charging Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Wireless EV Charging Markets in 2024
10.2 Asia Pacific Wireless EV Charging Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Wireless EV Charging Market size Outlook by Segments, 2021-2030
By Type
Commercial Charging Stations
Home Charging Stations
By Power Supply Range
3 to 11 kW
11 to 50 kW
Above 50 kW
By Charging
Dynamic Wireless Charging System
Stationary Wireless Charging System
By Component
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
By Propulsion
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)

11 South America Wireless EV Charging Market Analysis and Outlook To 2030
11.1 Introduction to South America Wireless EV Charging Markets in 2024
11.2 South America Wireless EV Charging Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Wireless EV Charging Market size Outlook by Segments, 2021-2030
By Type
Commercial Charging Stations
Home Charging Stations
By Power Supply Range
3 to 11 kW
11 to 50 kW
Above 50 kW
By Charging
Dynamic Wireless Charging System
Stationary Wireless Charging System
By Component
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
By Propulsion
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)

12 Middle East and Africa Wireless EV Charging Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Wireless EV Charging Markets in 2024
12.2 Middle East and Africa Wireless EV Charging Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Wireless EV Charging Market size Outlook by Segments, 2021-2030
By Type
Commercial Charging Stations
Home Charging Stations
By Power Supply Range
3 to 11 kW
11 to 50 kW
Above 50 kW
By Charging
Dynamic Wireless Charging System
Stationary Wireless Charging System
By Component
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
By Propulsion
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
Bombardier Inc
Continental AG
Evatran Group Inc
Hella KGaA Hueck & Co.
Qualcomm Inc
Robert Bosch GmbH
Toshiba Corp
Toyota Motor Corp
Witricity Corp
ZTE Corp

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Type
Commercial Charging Stations
Home Charging Stations
By Power Supply Range
3 to 11 kW
11 to 50 kW
Above 50 kW
By Charging
Dynamic Wireless Charging System
Stationary Wireless Charging System
By Component
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
By Propulsion
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)